Bombay, 1St October 2022: Child prodigies come from all walks of life. Combining determination and foresight, these figures make it big early and set precedents for aspirants across the country. Considering their sheer devotion, Forbes India – India’s leading magazine for identifying emerging talent in entrepreneurship, business, enterprise and innovation recently hosted Tycoons of tomorrow 2022. Presented by NEOM and supported by Reliance Industries, this gala event was successfully held on 30th September at the Four Seasons, Worli, Mumbai.
The ceremony featured four insightful discussions between business leaders and stars on today’s trendsetting issues. While Ali Bhatt Sharing her entrepreneurial journey and offering insights into her time as a producer, she said: “When I was younger, my relationship with money was limited. I got pocket money from mom and had to save carefully and then spend.Speaking more about her investment sense today, she shared an interesting example where she was faced with an individual style void in her wardrobe that led to the creation of her mother’s line. Edamamma.
The evening continued with the first panel discussion on the title “What does India’s unicorn club need to become profitable?” full Varun & Ghazal Alagh by Mamaearth and Aditya Sharda & Souvik Sengupta from infra. Market. “Strong business fundamentals are necessary for sustainability‘ said Varun Alagh, adding that in order to make a name for oneself in the beauty care industry, one must offer consumers personal solutions. “Every Indian manufacturing company sits on cross-border opportunities,” said Souvik Sengupta.
The next panel entitled “First generation founders or next generation entrepreneurs – which would you choose?” includes Kairav Engineer, VP – Business Development of Astral Pipes, Sudhakar Adapa, Founder of Commerzifyand Ashwin Damera, Founder, retired. The speakers dissected the differentiators between the challenges and opportunities of first and second generation founders alike.
Spilling the foundations of work-life balance for a second-generation entrepreneur, said Kairav engineer, “When there are several family members involved in the business, there is bound to be a fight. You must leave your differences at the door before you come homeMentioning the perks of being a start-up entrepreneur, Ashwin Damera said: “Fifth generation conglomerate founder offered Rs 2,500 crore to build his edtech business. I declined, but I wish someone had offered me that when I started.”
Echoing Ashwin’s concerns, Sudhakar Adapa said“The ecosystem hasn’t evolved much since I started over a decade ago. That’s the biggest challenge.Concluding the session, Kairav Engineer demystified the perception of “light runs” by second-generation offspring, saying, “There are two types of second generation founders; One who was born into a legacy and the other who has seen his parents grow the business. I belong to the latter and call this group “Generation 1.5”..”
The last session of the evening entitled “How OTT is redefining entertainment, talent and creativity featured notable OTT stars Rasika Dugal, Pratik Gandhi, and Mithila Palkar. When asked about their popularity during and after the pandemic, the three actors unanimously stated that OTT has broadened the acting spectrum to find success with pure talent. “Scam 1992 gave me national and global recognition,” said Pratik Gandhi, adding how the virtual alternative to theater spawned different forms of storytelling.
Adding to Pratik’s point of view was Rasika Dugalwho had nationwide success with the hit web series Mirzapur. “My indie film Kissa, a project close to my heart, was released in just two theaters in Mumbai in 2013. I had to take his DVD to every interview until Mirzapur happened. OTT also proved that audiences have always had eclectic tastes,” she said.
First commented on her fame as YouTuber, Mithila Palkarthe IT girl of the successful web series Little thingssaid, “Little Things released its final season last year but has stuck with its audience due to the refreshing content it has brought to the fore. Although OTT has tried to compensate with entertainment during lockdown, I believe there are always films and projects that are only meant for the big screen and the ecosystem will balance out now that the world has opened up.”
He is pleased with the success of the event, Brian Carvalho, Editor, Forbes India said “Tycoons of Tomorrow explores a realm that goes well beyond personal fortune. It highlights the indomitable spark and passion of luminaries who have revolutionized entrepreneurship, leading the country to a brighter future. I would like to thank our sponsors, guests and award winners for making this night brilliant.”
Discuss the in-depth discussions observed at the eventsaid Preeti Sahni, COO, Forbes India, “It was a pleasure to see how every panelist and speaker upheld the spirit of entrepreneurship and business acumen. That’s what Tycoons of Tomorrow represents and the amazing response from attendees and guests demonstrates Forbes India’s legacy of providing an empowering narrative for tomorrow’s entrepreneurs.”
Among the honorees of this distinguished event were 26 influential executives from the business and entertainment industries. The list of winners is as follows:
|Winner List: Forbes India Tycoons of Tomorrow 2022|
|Gaurav Kumar Yubi|
|Mithila Palkar – actor|
|Varun Alagh, Mamaerde|
|Ghazal Alagh, Mamaerde|
|Rasika Dugal – actor|
|Rajkummar Rao, actor|
|Pratik Gandhi – actor|
|Alia Bhatt – actor|
|Vidit Aatrey & Sanjeev Barnwal, co-founders of Meesho|
|Saumya & Kairav Engineer, Astral|
|Rahul Garg – Mowlix|
|Aaditya Sharda – Infra.Market|
|Hiten Parekh Nilkamal|
|Anchit Nayar & Adwaita Nayar-Nykaa|
|Ankush Sachdeva ShareChat|
|Vimal Sagar, Ashish Singhal, Govind Soni – CoinSwitch Kuber|
|Ashish Mohapatra, Ruchi Kalra, Vasant Sridhar, Nitin Jain, Bhuvan Gupta – Of Business|
|Shashank Kumar & Harshil Mathur – Razorpay|
|Mahima Datla – Biological E|
|KL Rahul – cricketer|
|Parth Jindal – JSW Cement and JSW Paints|
|Siddarth & Pranav Pai- 3one4 Capital|
|Aman Gupta & Sameer Mehta-BoAt|
|Abhinav Asthana – Postman|
|Aditi Ashok- Golfer|